Seven Jewish Americans Control Most US Media
From John Whitley
11-21-3

taken from http://rense.com/general44/sevenjewishamericans.htm (and edited by condensing)


"Today, seven Jewish Americans run the vast majority of US television networks, the printed press, the Hollywood movie industry, the book publishing industry, and the recording industry. Most of these industries are bundled into huge media conglomerates run by the following seven individuals:

Gerald Levin, CEO and Director of AOL Time Warner

Michael Eisner, Chairman and CEO of the Walt Disney Company

Edgar Bronfman, Sr., Chairman of Seagram Company Ltd

Edgar Bronfman, Jr, President and CEO of Seagram Company Ltd and head of Universal Studios

Sumner Redstone, Chairman and CEO of Viacom, Inc

Dennis Dammerman, Vice Chairman of General Electric

Peter Chernin, President and Co-COO of News Corporation Limited

Those seven Jewish men collectively control ABC, NBC, CBS, the Turner Broadcasting System, CNN, MTV, Universal Studios, MCA Records, Geffen Records, DGC Records, GRP Records, Rising Tide Records, Curb/Universal Records, and Interscope Records.

Most of the larger independent newspapers are owned by Jewish interests as well. An example is media mogul is Samuel I. "Si" Newhouse, who owns two dozen daily newspapers from Staten Island to Oregon, plus the Sunday supplement Parade; the Conde Nast collection of magazines, including Vogue, The New Yorker, Vanity Fair, Allure, GQ, and Self; the publishing firms of Random House, Knopf, Crown, and Ballantine, among other imprints; and cable franchises with over one million subscribers."

I could add that Michael Eisner could depart Disney tomorrow but the company will remain in the hands of Shamrock Holdings, whose principal office is now located in Israel".

Bronfman Group Buys Time Warner Music

NEW YORK (Reuters) - Time Warner Inc. (TWX.N: Quote, Profile, Research) on Monday said it would sell its Warner Music business to a group led by media mogul Edgar Bronfman Jr. for $2.6 billion, in a move to trim the media group's debts and signaling a return of the former Seagram chairman to the music business.

The Bronfman group beat out a bid by EMI (EMI.L: Quote, Profile, Research) for the recorded music portion of the business for an estimated $1 billion.

By choosing the Bronfman bid, Time Warner is forsaking $250 million to $300 million in cost savings it could have realized by combining with EMI, home to such acts as The Beatles and Radiohead. Warner Music artists include Madonna, Led Zeppelin and R.E.M.

On the other hand, Time Warner is getting more cash up front by selling the entire business, which includes the music publishing company, and will have an easier path to regulatory approval. In the past, European and U.S. regulators have frowned on consolidation within the music business.

Bronfman's team, backed by some of America's biggest private equity houses including Thomas H. Lee Partners, is betting it can slash costs and turn Warner Music around ahead of a comeback in sales, a major challenge in an industry currently in decline.

Bronfman has had long ties to the music business, first as a songwriter for the likes of Dionne Warwick and Celine Dion, and later as head of Seagram when he bought entertainment group MCA from Japan's Matsus***a for $5.7 billion. On his watch, the renamed Universal Music bought Polygram, creating the world's largest record company.

Bronfman merged his family's entertainment empire with France's Vivendi three years ago, only to see the family fortune disintegrate. When Vivendi put its entertainment assets on the block earlier this year, Bronfman led a group to buy the assets back but was ultimately outbid by NBC.

Hit by rampant piracy and competition from other entertainment such as video games, music sales are expected to fall for the fourth year in a row in 2004.

Earlier this month Sony Music (6758.T: Quote, Profile, Research) agreed to merge with Bertelsmann AG's (BERT.UL: Quote, Profile, Research) BMG.

Reuters 2003. All Rights Reserved.
 

*host's note; Israel Asper and Robert Rabinovitch, who control Can West and CBC respectively, personally control the vast majority of Canada's media. Especially due to their unprecedented central control policy, ensuring that they define the kind of daily content their organizations provide to the public.